Citi Bike keeps getting more expensive. A recent price increase by parent company Lyft has some members racing the clock.
Lyft competes with Uber for ride-hailing customers. Now it is following its rival into bike-sharing, as the companies move to diversify the kinds of transportation services they offer. Lyft said ...
Lyft said Monday it is considering either selling or finding a strategic partner for its bikes and scooters unit as the rideshare company races Uber for market share. The California-based Lyft said it ...
Lyft is restructuring its micromobility division and laying off about 1% of its workforce in an attempt to cut costs, the company said in a Wednesday filing with the Securities and Exchange Commission ...
Local pols are demanding CitiBike clean up its act — after parent company Lyft took nearly three weeks to shovel all of its ...
Citi Bike owner Lyft is reportedly looking to offload its pricey fleet of bikes and scooters as part of a wider cost-cutting shakeup by new CEO David Risher. Risher, who took over in April, wants to ...
A New York Times article Thursday highlighted a lucrative side hustle that is emblematic of the times we live in: gaming algorithms to earn money. In this case, folks figured out they could maximize ...
Lyft is making changes to their e-bikes and scooters program Some employees are being let go in the company's "restructuring" SAN FRANCISCO - The public should expect a change in Lyft's bikes and ...
Lyft Inc. plans to write down some of its bike and scooter rental assets, and cut 1% of its employees as the ride-hailing company struggles to turn profitable. The plan is part of “efforts to align ...
Lyft said it was suspending use of its shared electric bikes in San Francisco after reports of two battery fires. "Because the safety of our riders is our number one concern, we are temporarily making ...
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